Tune in live or watch the replay below:
THE RUNDOWN:
- Wall Street’s Crystal Ball
- Mag7 Vs. The Market
- Carter Charts Consumer Staples
SHOW NOTES:
XLP ($70.65) Buy Jan 70 put for ~75 cents
Break-even on Jan expiration:
Profits below 69.25 down 2%
Losses up to 75 cents between 69.25 and 70
Trade Rationale & Management:
This trade idea risks ~1% of the ETF price and breaks even down 2%.
As always, we will use a 50% mental stop on the original premium paid.
